Welcome to AHRMM's healthcare supply chain Lexicon. This database contains terms used throughout the healthcare supply chain field. Simply click on the link to access the entire definition.
AHRMM thanks Kate Vitasek and Supply Chain Visions for their contribution of certain terms to the Lexicon. Terms supplied by Supply Chain Visions are used with permission. Supply Chain Vision’s Glossary of Supply Chain Management Terms appears on the Council of Supply Chain Management Professionals website. AHRMM also acknowledges Michael B. Neely with Perimeter Solutions Group for his role in developing healthcare-specific terms.
GAAPSee Generally Accepted Accounting Principles
Gain SharingA method of incentive compensation where supply chain partners share collectively in savings from productivity improvements. The concept provides an incentive to both the buying and supplier organizations to focus on continually re-evaluating, re-energizing, and enhancing their business relationship. All aspects of value delivery are scrutinized, including specification design, order processing, inbound transportation, inventory management, obsolescence programs, material yield, forecasting and inventory planning, product performance and reverse logistics. The focus is on driving out limited value cost while protecting profit margins. Also see Performance Based Logistics.
Gain SharingA method of incentive compensation where partners share collectively in savings from productivity improvements. The concept provides an incentive to both the hospital and physician to focus on continually evaluating and enhancing the treatment and standard of care for various methods of treatment. The focus is on driving out limited value cost while improving patient outcomes. Some healthcare organizations have extended this concept to partnering with physicians to share savings from cost reductions. This is an area which requires very astute processes and legal review.
Gap AnalysisTechnique for determining the steps to be taken in moving from a current state to a desired future-state. It begins with (1) listing of characteristic factors (such as attributes, competencies, performance levels) of the present situation, (2) cross-lists factors required to achieve the future objectives, and then (3) highlights the 'gaps' that exist and need to be filled.
Gap analysisThe process of determining and documenting the variance (gap) between goals and current performance.
Gastroesophageal reflux diseaseSee GERT
GatewayThe connection that permits messages to flow freely between two networks.